It is illegal to fabricate false reasons such as introducing funds and projects, use false economic contracts, use false certificates, use false property rights certificates as collateral, repeatedly guarantee beyond the value of collateral, or use other methods to lend to funds or other financial institutions for the purpose of lending.
Second, is it illegal to fool others into lending?
It depends on whether the liar has used someone else's ID card. According to relevant regulations, it is illegal to fraudulently use other people's identity cards. At the same time, borrowing money with someone else's ID card is a loan, and if the circumstances are serious, it will also constitute finance, so that the lender will be sentenced to jail. If a party uses his ID card to get a loan, but there is no evidence to prove that others have cheated him, it will be difficult to pursue the legal responsibility of the other party. Legal basis: Article 193rd of the Criminal Law of People's Republic of China (PRC) is under any of the following circumstances. Whoever borrows a large amount from a bank or other financial institution for the purpose of illegal possession shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years, fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property: (1) fabricating false reasons such as introducing funds and projects; (two) the use of false economic contracts; (3) using false documents; (four) the use of false proof of property rights as a guarantee or repeated guarantee beyond the value of collateral; (5) Loans in other ways.
Third, how to punish the crime of defrauding loans?
According to the criminal law, the crime of loan: in any of the following circumstances, if a bank or other financial institution issues a large amount of loans for the purpose of illegal possession, it shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years, fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property: (1) fabricating false reasons such as introducing funds and projects; (two) the use of false economic contracts; (3) using false documents; (four) the use of false proof of property rights as a guarantee or repeated guarantee beyond the value of collateral; (5) Loans in other ways.